Spread
TradingThe gap between the best bid and best ask; a hidden cost of instant trades.
Example
Instant-buy with ~1% spread vs 0.1% taker fee on the order book.
Common misconceptions
- That 'zero-fee' means zero cost (the spread is the fee)
The gap between the best bid and best ask; a hidden cost of instant trades.
Instant-buy with ~1% spread vs 0.1% taker fee on the order book.